White Coat Investor Podcast

WCI #77: Investing in Online Businesses - An Interview with Gregory Elfrink from Empire Flippers

Oct 25, 2018
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ANECDOTE

Gregory's Career Shift

  • Gregory Elfrink, from Alaska, worked in oil fields and transitioned to internet marketing.
  • He joined Empire Flippers as a content marketer and now serves as Director of Marketing.
ANECDOTE

Empire Flippers' Origin

  • Empire Flippers started as an outsourcing company and transitioned to selling online businesses.
  • They've been on the Inc 5000 list three times and are a major player in the online business marketplace.
INSIGHT

Small Market Size

  • The online business market is relatively small, with many entrepreneurs unaware of selling possibilities.
  • Many online business models, like Amazon FBA, are still new, limiting market size and historical data.
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